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Aliko Dangote, president of the Dangote Group and chief sponsor of the Dangote Foundation, says he wants to be like Bill Gates and try to give a chunk of his wealth to charity in the next few years.

Aliko Dangote remains Africa’s wealthiest person, Mike Adenuga, Abdulsamad Rabiu among top 20

For the ninth year in a row, Aliko Dangote of Nigeria has been declared as the wealthiest person in Africa, with an estimated net worth of $10.1 billion.
The Executive Vice President of China National Offshore Oil Corporation (CNOOC), Mr. Lu Yan Ji, said the company has invested over $16 billion in Nigeria’s oil industry and described the country’s one of its largest investment destinations.

China pumps $16 billion in Nigeria’s oil industry

The Executive Vice President of China National Offshore Oil Corporation (CNOOC), Mr. Lu Yan Ji, said the company has invested over $16 billion in Nigeria’s oil industry and described the country’s one of its largest investment destinations.
Nigerian National Petroleum Corporation (NNPC)

Total, NNPC complete, hand over N900 million projects to eight northern states

Total Upstream Nigeria Limited, Nigerian National Petroleum Corporation, NNPC and its partners, yesterday, handed over 10 projects in health, education and information technology, valued at N900 million to eight states in the northern region of the country.

Brazil’s ex-president Michel Temer arrested in connection with graft scandal

Former Brazilian President Michel Temer was arrested on Thursday in connection with a large-scale corruption investigation, local media reported.

Mike Adenuga closes gap with Aliko Dangote in Forbes billionaires ranking

Globacom Chairman Mike Adenuga Jnr, with interests in oil exploration and real estate has moved up, ranking next to Aliko Dangote as Africa’s second richest man.

Stakeholders seek mandatory use of life jackets on waterways

French oil giant Total has called for enforcement of the use of life jackets by people, who make use of Nigeria’s waterways.
2 The $3.3 billion floating production storage offloading (FPSO) vessel for the Egina deepwater oilfield departed for the oilfield in the early hours of Sunday.

In Pictures: Egina FPSO sails to OML 130

The $3.3 billion floating production storage offloading (FPSO) vessel for the Egina deepwater oilfield departed for the oilfield in the early hours of Sunday.
ladol free trade zone

Lagos free zone operator denies ‘high charges’ imposed on investors

The management of Lagos Deep Offshore Logistics (LADOL) has denied claims that its hostile policies at the Lagos Free Zone were frustrating investors doing business in the area.

Court discharge Brazil’s leader Lula da Silva in alleged corruption trial

Brazil’s former president Luiz Inacio Lula da Silva was absolved Thursday in one of the six pending legal cases he is facing, all unrelated to the corruption charges that have sent him to prison.
Eike Batista (EFE)

Ex-billionaire bags 30-year jail for corruption, money laundering

Eike Batista, once the richest man in Brazil, was on Tuesday sentenced to 30 years in prison for corruption and money laundering over the massive corruption scandal at state oil giant, Petrobras.

Ex-Brazilian leader Lula da Silva to contest elections from jail

Brazil’s former president Luiz Inacio Lula da Silva says he is “very much a candidate” in the elections coming up in October, despite having been in jail for a month, the newspaper Folha de Sao Paulo reported Monday.

New graft charges filed against Brazil’s Lula da Silva

Brazilian prosecutors have filed new graft charges against imprisoned Workers' Party founder and ex-president Luiz Inacio Lula da Silva, as well as the party's current chief.

Jailed Lula da Silva still the favorite in Brazil

Former Brazilian President Luiz Inacio Lula da Silva, who has been in jail since last week, is still leading presidential election choices ahead of the vote in October, according to a new poll.

Arrest warrant issued for Brazil ex-President Lula da Silva

A Brazilian judge has issued an arrest warrant for Luiz Inacio 'Lula' da Silva, giving the once wildly popular ex-president until 5pm local time (20:00 GMT) on Friday to turn himself in.

Brazil Supreme Court delays decision on Lula imprisonment

Brazil's top court on Thursday delayed until April 4 a decision on whether ex-president Luiz Inacio Lula da Silva should go to jail if he loses an appeal next week.

Brazil’s ex-president barred from travelling, passport seized

Brazilian court has ordered former President Luiz Inacio Lula da Silva to hand over his passport and not to leave the country.

Brazil’s Lula loses appeal against corruption conviction

A Brazilian appeals court Wednesday upheld ex-president Luiz Inacio Lula da Silva's conviction for corruption, dealing a body blow to his hopes of running for re-election this year.

N5.76trn Total Upstream Nigeria Egina FPSO berths in Nigeria

The Total Upstream Nigeria Limited (TUPNI) $16 billion (N5.76 trillion) Egina Floating Production Storage and Offloading unit (FPSO) project on Wednesday arrived Nigerian shores from South Korea.

Recent Stories

NBA-SBL, CAC partner to improve ease of doing business

The Council of the Nigerian Bar Association Section on Business Law, NBA-SBL and the Corporate Affairs Commission, CAC, have said that both organisations will continue to collaborate in order to improve ease of doing business.
Abia State Governor Okezie Ikpeazu on Tuesday, gave out balls of take-away Eba and soup as coronavirus palliative.

Abia governor distributes garri, soup as coronavirus palliative

Abia State Governor Okezie Ikpeazu on Tuesday, gave out balls of take-away Eba and soup as coronavirus palliative.
Dr Chikwe Ihekweazu, Director General of NCDC, disclosed this on Monday on Channels Television, Programme “Sunrise Daily”, while, speaking on COVID-19 pandemic in Nigeria.

Nigeria records 23 new cases of coronavirus

For the second time today, the total number of coronavirus cases have increased by 23, the Nigeria Centre for Disease Control can confirm.
WHO director-general Tedros Adhanom Ghebreyesus

WHO: Coronavirus cases will soon reach one million globally

The World Health Organisation (WHO) says confirmed cases of COVID-19 pandemic will soon reach one million globally.
Lockdown commenced in Delta state Wednesday with markets and major shops complying in Warri south , Uvwie local government areas.

Warri residents comply with coronavirus lockdown

Lockdown commenced in Delta state Wednesday with markets and major shops complying in Warri south , Uvwie local government areas.